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Buying & Selling Real Estate

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Michael Malloy
Pro Member
  • Flipper/Rehabber
  • Dallas, TX
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26
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House Hacking multi-family in Texas

Michael Malloy
Pro Member
  • Flipper/Rehabber
  • Dallas, TX
Posted Dec 4 2016, 14:53

I'm ready to expand my RE investment portfolio by jumping into multi-family in Texas. I want go the house hacking route and purchasing either a Duplex or Triplex with an FHA Loan to minimize my cash in the investment. I literally want to be in and out of the property in 12 months so that I can move onto the next one.

I see a lot of scattered information on this concept but haven't found anything linear to get me from A to B. Can anyone point me in the right direction? I'd like to know how to know about how to shop for it(MLS, wholesale, HUD, etc.), financing(different options and where to find a knowledgeable multi-family broker), and how to crunch all of the numbers so that I can properly vet a good deal. If there is an online guide, that would be optimal.

Could someone point me in the right direction? Thanks!

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